1, SHELLEY AVENUE, TIPTREE, COLCHESTER, CO5 0SF - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SHELLEY AVENUE is a large detached house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £470,231. It was last sold for £415,000 in September 2019, which was around 6% below the average September 2019 detached price in the Colchester local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

1 SHELLEY AVENUE Sold Prices

Land registry data shows three sales for 1 SHELLEY AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Colchester local authority area for the corresponding sale date. Two of the three 1 SHELLEY AVENUE sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 6 SEP	£415,000	£443,251	6% below HPI
2006 27 JUN	£273,000	£279,971	2% below HPI
2000 24 NOV	£174,995	£151,955	15% above HPI

1 SHELLEY AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Colchester local authority area over time, sourced from the HPI. The three 1 SHELLEY AVENUE sales between November 2000 and September 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the September 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 SHELLEY AVENUE be worth now?

1 SHELLEY AVENUE might now be worth an estimated £470,231.

This is based on house price inflation of 13.3%, between September 2019 and February 2025, for detached houses, in the Colchester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.3% inflationary increase is applied to the most recent sale price for 1 SHELLEY AVENUE of £415,000 on 6th September 2019. For the value to have increased from £415,000 to £470,231 over the six years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 SHELLEY AVENUE has moved in line with the HPI for detached houses in the Colchester local authority area.
• The September 2019 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHELLEY AVENUE has not materially changed since September 2019.

How Large is 1 SHELLEY AVENUE?

1 SHELLEY AVENUE is 125m² according to the EPC inspection conducted in January 2019. This puts it in the largest 40% of detached houses houses in Tiptree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tiptree, and where 1 SHELLEY AVENUE lies on this distribution: 65% of detached houses houses are smaller than 1 SHELLEY AVENUE, and 35% of houses are larger. Note that EPC data is not available for all properties in Tiptree.

1 SHELLEY AVENUE: Plot and Title Map

1 SHELLEY AVENUE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 1 SHELLEY AVENUE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 SHELLEY AVENUE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 SHELLEY AVENUE?

1 SHELLEY AVENUE is located in TIPTREE, in the CO5 postcode district. The below map shows the position of No. 1 on SHELLEY AVENUE.